Importance of the house price survey in your budget

There are a lot of survey agencies that are very dedicated to take the data from all the period and you come to know some different factors in terms of property prices. Here, we have brought some surveyors with their way of taking data.

Land Registry –

The Land Registry comes with all the records of house sales in UK and the agency has been tapping the value of all the sales for last ten years. Though it works to get the comparison between the current prices and the prices sold before, you can get the details of the agency to find a suitable comparison. It covers all the properties including small and big one. You can get the details of all kinds of concessions brought to the commercial and residential flats. The agency comes with its monthly survey and you can also find the quarterly assessment.

Government Price Survey – Apart from all the private survey agencies, the government does also bring its survey on property prices. The government price survey reveals its monthly property index that shields all the information issued by the Council of Mortgage Lenders in UK. You get the details about the finalised sales of the properties that go through the mortgage system especially.

Nationwide and Halifax – Nationwide and Halifax has earned very fame in the market where a lot of agencies are issuing their report. The group comes with full details about the investor’s own debt each month. It also researches the data on the same base what the government survey agency does. It does not include those sales which are finalised on cash.

Royal Institution of Chartered Surveyors(RICS) – RICS is considered very popular agency with about two fifty property agents. The experts have got registered with the agency and they keep updating about the current status of property prices. Though it brings the report in very particular way of assessing the property prices, the agency is considered very idle one to produce the latest data.

Hometrack and Rightmove – Hometrack and Rightmove are the two agencies which also produce the reliable reports on the property sales, but the agency works very differently by organising the values for properties put on their webpage. The firm claims that the website shows about 90 per cent of all the property sales in England.

All the agencies mentioned above are very important for the property transaction. You can go with any one as per your requirement.